schakim

schakim

The pair sell off Friday, in a mix of out flows due to Catalonia situation and Brexit charade news of warmth and fuzziness... I been enough times to the theater to know a bad play when I see one... If EU27 haven't even started yet to talk internally about how they want their future relationship with UK to be, and have no thoughts on the possibility nor any...

schakim

If USD doesn't find any real motivation before Jackson Hole and EUR refuses to give in... (4) may play out as a more shallow flat with EUR rallying into Jackson in (5) to fall into the Hole...

schakim

Ending diagonal, divergence, perfect conditions for a short but from what I see we will have one more high at about .92 before fall kick in, so .9190 is where I will cover my current longs and add shorts with a SL just above the higher high to the left.

schakim

This is my long term perspective on Gold, based on the Elliot Wave principle and another technique I use called Hidden Pivot. This is my first published idea and I do it simply because this is what I see currently and I'm currious to see where it will be in comparison, let's say a year or two from now... I may elaborate further on smaller TF as things develops, if...